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Wednesday, December 2, 2009

Apple Inc AAPL Stock Analysis - 12/2/09

The following is technical analysis of Apple Inc. (AAPL) stock for December 2, 2009

Apple Inc. (AAPL) Support & Resistance Levels - 12/2/09

Resistance Levels: $200, $206, $208, $208.71

Support Levels: $195, $185



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Apple Inc. (AAPL) sold off Tuesday afternoon and closed at It's lows. Right now it appears that the stock is just pulling back to the 50 day moving average and I wouldn't be concerned unless the stock closed below $195.

There is major resistance up in the high $200's....I expect AAPL to break out again when the stock closed above $208.71.

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